$1,225,000
●
House -
Off Market
412 N Lemon Street
Orange, CA 92866
2 Beds
1 Bath
1,076 Ft²
$6,506
Est. Monthly
About This Property
Modern Charm Meets Historic Character in Old Towne Orange. The
property includes pre-approved ADU plans, offering incredible
potential for future expansion or passive income. Step into
timeless curb appeal with a fully reimagined interior-this
2-bedroom, 1-bathroom Craftsman-style home offers the rare balance
of historic exterior charm and brand-new modern interiors. Located
in the heart of Old Towne Orange, every inch of the 975 sq ft
interior has been completely rebuilt with high-end designer
finishes, from custom cabinetry and luxury flooring to a never-used
bathroom and top-tier appliances. Set on a spacious 6,600 sq ft
lot,Whether you're looking to invest or simply want to live steps
away from Chapman University-yes, you can literally peek around the
corner and see the Chapman sign-this home is a rare find. This
property stands out as a singular opportunity to own a piece of
history that lives like new. Rental income potential, ADU upside,
and unmatched location make this a smart buy in a shifting market.
Come see the vision for yourself.
Unit Size
1,076 Ft²
Days on Market
52 days
Land Size
0.15 acres
Price per sqft
$1,231
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1913
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW25120752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | Relisted | $1,325,000 | |
| Relisted | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Listed by First Team Real Estate North Tustin | $1,325,000 | |
| Listed by First Team Real Estate North Tustin | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Orange
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Listed by: Daniel DeForest, First Team Real Estate North Tustin
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25120752
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25120752
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